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CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Statement of Cash Flows [Abstract]    
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $ 497,129 $ 305,276
Cash flows from operating activities:    
Net income 111,214 129,416
Adjustments to reconcile to net cash provided by (used in) operating activities    
Depreciation and amortization 81,775 33,384
Deferred income taxes (12,389) 18,404
Gains on sale of assets (188) (69)
Stock-based compensation 7,604 7,620
Pension contributions (3,956) (4,387)
Litigation settlement 0 (12,969)
Changes in assets and liabilities, net of acquisitions:    
Trade receivables (55,935) (61,301)
Inventories (24,719) (30,185)
Accounts payable 8,988 (8,435)
Accruals for incentive compensation (36,969) (36,583)
Other current payables and accrued expenses (11,321) (18,540)
Other assets (9,978) (26,035)
Other liabilities (6,894) (1,715)
Net cash provided by (used in) operating activities 47,232 (11,395)
Cash flows from investing activities:    
Cash paid for acquisitions, net of cash received (33,895) (22)
Additions to property, plant and equipment (57,609) (33,105)
Proceeds from life insurance contracts 1,890 0
Maturity of net investment hedges 0 (2,405)
Proceeds from disposal of assets 3,970 293
Contingent consideration paid (4,655) 0
Net cash used in investing activities (90,299) (35,239)
Cash flows from financing activities:    
Cash dividends paid to shareholders (77,779) (54,420)
Increase in revolving credit facility and short term borrowings 2,895 53,688
Repayments on debt 36,156 0
Proceeds from issuance of stock in connection with stock options 200 0
Employee withholding taxes paid (1,339) (3,266)
Purchase of treasury stock 0 (10,617)
Net cash used in financing activities (112,179) (14,615)
Effect of exchange rate changes on cash and cash equivalents 3,853 (1,521)
Net change in cash and cash equivalents (151,393) (62,770)
Cash and cash equivalents at end of period 483,504  
Interest paid, net of amounts capitalized 48,506 20,236
Income taxes paid 33,326 24,939
Accrued capital expenditures $ 14,241 $ 18,868